Sold 11/2023
Z-ONE RESIDENCES 1BR | $525,000
Richard Sankar Agent Photo
Richard
Sankar
Turks & Caicos Sotheby's Int'l
Venture House, P.o. Box 279, G
Providenciales,
Turks and Caicos
Sold 11/2023

Details

%
Years (35 year max)
Years



AreaProvidenciales
Sub Area60905 - Leeward Going Through: Grace Bay
State/ProvinceProvidenciales
CountryTurks and Caicos
Price$525,000
SoldNovember 2023
Property TypeCondo
Bedrooms1
Bathrooms1
Half Baths0
Floor Space811 Square Feet
Lot Size1.00 Acres
Year Built2022
ParkingParking Space(s)
MLS® #2200062

The 1-Bedroom Residences with 829 square feet boast an enclosed den that can double as an office or overnight guestroom. The open and airy rooms embrace barrier-free design aesthetics with a fully equipped kitchen with high-end GE or LG appliances, center island and breakfast bar, dining area for four and comfortable living space with 9’4” ceilings throughout. The private balcony (patio for 1st level units) overlooks the pool and the ocean beyond for select residences. A laundry closet is equipped with a stacked GE or LG washer/dryer. Z-ONE is a thirty residence, multifamily investment and residential opportunity located in Grace Bay, Providenciales. With one of two 3-story buildings nearing completion, and the second building already well under construction, Z-ONE offers qualified investors the opportunity to acquire an investment property or full-time residence in one of the tightest rental markets in the Turks and Caicos Islands. Located in The Village at Grace Bay, the residences are conveniently situated just inside the western entrance, approximately a quarter of a mile from the heart of Grace Bay’s amenities, shops, restaurants, and bars. Only a few minutes walk to its famed beaches and in the neighbourhood of the luxury resorts along Grace Bay. Positioned on a sizable 1-acre site, the property consists of two stylish, modern garden-style apartment buildings comprised of six studios, twelve 1-bedrooms, and twelve 2-bedroom residences, with several commanding an ocean view. Each building is fitted with quality doors and windows and equipped with elevators. Z-ONE Residence’s common area amenities include gated entrance, car parking, pool, poolside restroom, gym, common area BBQ, external area security cameras, and emergency backup generator for the exterior common areas. The interior specifications offer top-of-the-line brands, boasting Kohler faucets, fixtures, fittings, and hardware, large format porcelain tile flooring, Caesarstone kitchen countertops and backsplash, and custom-milled cabinetry throughout. Specifications of hardware, equipment and HVAC are best-in-class. Tankless water heaters, wireless doorbells and radio frequency water meters are amongst many thoughtful extras evidencing that the project is built for the long term.

Location

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About

Richard Sankar is originally from Trinidad. He immigrated to Toronto in 1982 to attend Ryerson University where he obtained a Bachelor of Business Management and worked in various roles in the IT industry. In 1993 he obtained an Ontario Real Estate Sales license and worked primarily with residential real estate clients in Toronto and Picton, Ontario. In 1997 he moved to Providenciales, Turks and Caicos Islands and was the top producing agent at Prestigious Properties for more than a decade. In 2007 he co-founded Tropical Paradise Realty, a boutique agency that offered more client oriented services. In order to bring more analytical expertise and market knowledge to his clients, Richard completed a MS in Real Estate Development. In the fall of 2012 he merged Tropical Paradise Realty with Turks and Caicos Sotheby’s International Realty. Richard was a founding member of the Turks and Caicos Real Estate Association and is Treasurer of the board. He has a strong community spirit and enjoys helping others succeed. This passion will have an opportunity to flourish at TCSIR through its charitable foundation. It is his mandate to improve the quality of education and lives of children in local public schools.